property tax paid from 2004 to 2010 paid in dec.2010 . what will be account entry. should i pass expense due entry. can entire expense can be booked in 2010
Menu
Property tax
Replies (2)
Property tax will be allowed on payment basis.
Property tax a/c dr......
To bank /cash............
I hope u will clear.
Property tax will be allowed on payment basis. as per income tax act.
Property tax a/c dr......
To bank /cash............
Recent Topics :
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
Related Topics :
CAclubindia
